Seller's Agent in 2024
Marlys Ailie
eXp Realty
(218) 234-7613
37 in this area
71 Total Sales
1035 Summit Ave Detroit Lakes, MN 56501
Estimated Value: $241,000 - $304,041
4
Beds
3
Baths
2,416
Sq Ft
$115/Sq Ft
Est. Value
Highlights
- 34,848 Sq Ft lot
- No HOA
- 1 Car Attached Garage
- Bonus Room
- Porch
- Living Room
About This Home
As of January 2024Historic Summit Property - Prime Location. Discover the charm of this 4-bedroom, 3-bathroom home nestled on a highly sought-after spacious lot in Detroit Lakes. This property has never been left without heat in the winter months and includes a newer furnace system. Convenience is key with its strategic position just 3 blocks away from the city beach, offering easy access to all city amenities. You'll find yourself within walking distance of the hospital/clinic, park, shopping options, the DLCCC (Detroit Lakes Community and Cultural Center), library, and a variety of restaurants.This property is a contractor's dream, presenting an incredible opportunity in an unbeatable location. Don't miss your chance to own a piece of Detroit Lakes history!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,206
Year Built
- Built in 1908
Lot Details
- 0.8
Parking
- 1 Car Attached Garage
Home Design
- Rubber Roof
Interior Spaces
- 2,416 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Entrance Foyer
- Living Room
- Bonus Room
- Storage Room
- Dryer
Kitchen
- Cooktop
- Microwave
- Freezer
Bedrooms and Bathrooms
- 4 Bedrooms
Unfinished Basement
- Partial Basement
- Crawl Space
Utilities
- Hot Water Heating System
- Boiler Heating System
Additional Features
- Porch
- 0.8 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 491144000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2023
Closed on
Jan 5, 2024
Sold by
Joseph And Judith Tembrock Family Trust
Bought by
Conway Douglas J
Seller's Agent
Marlys Ailie
eXp Realty
Buyer's Agent
Jason Bristlin
The Real Estate Company of Detroit Lakes
List Price
$219,900
Sold Price
$223,000
Premium/Discount to List
$3,100
1.41%
Views
235
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,510
Avg. Annual Appreciation
14.42%
Original Mortgage
$223,000
Outstanding Balance
$219,561
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$58,949
Purchase Details
Closed on
May 9, 2023
Sold by
Wright Frederick J
Bought by
Tembrock Joseph R and Tembrock Judith A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Conway Douglas J | $221,900 | Minnesota Title | |
| Tembrock Joseph R | $243,251 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Conway Douglas J | $223,000 | |
| Previous Owner | Wright Frederick J | $200,000 | |
| Previous Owner | Wright Frederick J | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2024 01/09/24 | Sold | $223,000 | +1.4% | $92 / Sq Ft |
| 08/24/2023 08/24/23 | For Sale | $219,900 | 0.0% | $91 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | For Sale | $219,900 | -- | $91 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,596 | $258,200 | $54,900 | $203,300 |
| 2024 | $4,596 | $258,400 | $54,900 | $203,500 |
| 2023 | $4,442 | $217,000 | $49,500 | $167,500 |
| 2022 | $4,490 | $172,600 | $42,600 | $130,000 |
| 2021 | $4,210 | $141,400 | $42,600 | $98,800 |
| 2020 | $4,310 | $141,400 | $42,600 | $98,800 |
| 2019 | $4,558 | $141,400 | $42,600 | $98,800 |
| 2018 | $4,316 | $148,900 | $42,600 | $106,300 |
| 2017 | $4,560 | $136,000 | $42,600 | $93,400 |
| 2016 | $4,476 | $144,700 | $42,600 | $102,100 |
| 2015 | $4,434 | $122,200 | $38,700 | $83,500 |
| 2014 | -- | $119,700 | $38,700 | $81,000 |
Source: Public Records
Agents Affiliated with this Home
-
Marlys Ailie
-
Jason Bristlin
Buyer's Agent in 2024
Jason Bristlin
The Real Estate Company of Detroit Lakes
(218) 234-1876
14 in this area
47 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6379015
APN: R491144000
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